This Carbon Based Life

By David Glenn Cox

The big, orange, tough guy. The bully who is going to set the world on its ear. The blabbermouth, big talk thug. Invader of Venezuela, kidnapper, murderer. We don’t need the world’s help! We don’t need any stinking allies! We don’t need no stinking badges. The Federal Reserve has been quietly issuing emergency loans to the ”too big to fail banks again.” Call it the bailout in advance. A quiet bailout between friends to the tune of $100 billion dollars this month. And if you fellas need some more…just ask!

$40 billion dollars pissed down a rat hole to Argentina, and we’re going to buy Greenland and build twenty-five battleships too! Sure, sure, sure we are. The boys at the banks, the ones drawing those million-dollar salaries and bonuses. Have screwed up yet again. JP Morgan was so certain the price of silver was going down. So they made short sales. Contracting to sell tons of silver they didn’t own. If the price went down, they stood to make a bundle, but it didn’t go down. It went up. The banker boys bet on crypto (criminal) coins, and they went down by 30%. What whoa! But at least it answered my question of who was propping up these crooked, uninsured currencies?

God, I miss the Bureau of Labor Statistics. Neutered like Bob Barker did it. It’s called bait and switch. You report a decent jobs number this month and then revise it down next month, while no one is paying attention. There are 46,000 fewer Americans working this month than last month. Americans are working fewer hours and taking home less money than last month. By industry, it is across the board. Wholesale and retail and transportation were down three months in a row. Transportation is down because wholesalers aren’t ordering. Retail is down because no one is buying. President Blabbermouth has the populace in a general state of panic. Scared to death to make any large purchases. Fearful of what the idiot in chief might do next.

Scared to go on vacation. Too frightened to buy a house or a car. The struggling are living on credit cards. CarMax had its stock downgraded by 50%. They can’t give these cars away. Zero down, discounted interest rates and nothing is working. The builder sentiment where any number below 50 signals a slowdown, dropped to 39! Meaning home builders are also frightened. Despite lower interest rates and falling prices, home sales are also flat.

We have three bubbles coming to a head. The AI bubble is bursting. The consumer credit bubble is bursting, and the corporate debt bubble is bursting. But these are just the trimmings; the best is yet to come. President Bonehead, by running his mouth, has destroyed the travel industry. Foreigners are returning their tickets to the FIFA World Cup games. They don’t want to enter the United Snakes. They fear being arrested by the ICE Gestapo. They fear being accosted or jailed without trial or even a phone call and sent to a concentration camp. They no longer see this country as a safe place to visit anymore. They perceive this country to be dangerous. With a crazy man at the helm.

Crazy is as crazy does, but crazy doesn’t sound like a good investment. The Federal Reserve held a bond auction the other day for ten-year bonds. It nearly failed. Failed as in not all the Treasury bonds were sold. That would have been catastrophic and the first time in the history of the world such a thing had happened. Agencies affiliated with  the Federal Reserve bought up the  leftovers, but here is the kicker. Foreign participation was ZERO! President, We don’t need no stinking allies! We’re invading Greenland if they won’t sell it to us. Has killed the golden goose financing our debt. We need to sell two trillion dollars per year in Treasury bond sales to finance our debt. Without help from overseas, it’s not going to happen. Put that in your pipe and smoke it! Once the Treasury bonds stop selling, those already holding bonds will begin dumping them. And the cost of financing the debt will skyrocket.

Bellicose and belligerent, unreasonable and unlawful. Wanna buy our Treasury bonds? Wanna buy Treasury bonds from a nation that ignores international laws and norms? When President Bonehead abrogated contracts for the wind farms on the Atlantic coast, he told the world. To hell with your contract! It’s just a goddamned piece of paper. Badges? We don’t need no stinking badges. We’ll do whatever the hell we want!

Two days ago, the idiot in chief proposed rebuilding the Venezuelan oil industry with tax dollars. Then yesterday. He strong-armed oil companies for financial commitments. They don’t want the Venezuelan oil and see nothing but trouble in the future of it. Oh, how I remember Iraq. It was going to be lovely, and the oil was going to pay for the reconstruction. Two trillion dollars later in blood and treasure, and it didn’t quite work out that way. Oil prices are falling, not rising. This is not the time to make hundred-billion-dollar investments with profits on their way down.

Only 30% of Americans approve of president Dribbling grandpa’s invasion and kidnapping in Venezuela. Over time, that number is certain to decline. It is against international law to kidnap a sitting head of state. They have immunity from charges in foreign countries. Madero’s kidnapping was illegal, and the charges against him are illegitimate under international law. But we don’t need no stinking badges.

The murder of Renee Good is another tell. The administration could have issued a statement saying this was a horrible tragedy, which we truly regret, and we will begin a thorough investigation immediately. The agent responsible has been placed on leave. Instead, they condemn the victim within the hour. Using the forces of the government to defame her through character assassination. Telling the entire world if you’re looking for justice or a fair shake around here, you had better keep on looking. Wanna buy some Treasury bonds? Wanna build a new factory? Wanna invest in America? It’s a really great place to invest! Sure, the government sometimes lies, and can’t be trusted to follow the law. Sure, our bankers are basically crooks. Come on, buy some Treasury bonds! It’s a really good time to buy some Treasury bonds.

It is becoming the perfect storm. The idiot in chief announced that because he’s such a nice man. That no further military action was anticipated in Venezuela. Wasn’t that nice of him? What a sport! And the corporate media presented it as gospel from the pulpit of pusillanimity. Never mentioning the Senate had enjoined President Blabbermouth from any further military action. King Demented the turd, gets up during a meeting to wobble and amble over to the window to examine the progress of his ballroom from hell. Sure, that’s normal. Nothing unusual about that? Wanna buy some Treasury bonds? Tickets for the Olympic Games in Los Angeles go on sale next week. Order early before they sell out!  

“In keeping silent about evil, in burying it so deep within us that no sign of it appears on the surface, we are implanting it, and it will rise up a thousand-fold in the future. When we neither punish nor reproach evildoers, we are not simply protecting their trivial old age, we are thereby ripping the foundations of justice from beneath new generations.” ― Aleksandr I. Solzhenitsyn